Connie Guglielmo, Rochelle Garner and Jason Gale reported for Bloomberg this morning that Apple CEO Steve Job may need to have his pancreas removed, if Robert Thomas, head of surgery at the Peter MacCallum Cancer Centre in Melbourne, is correct. Thomas was the first to perform the Whipple operation—which involves removing parts of the pancreas, bile duct and small intestine, and which sometimes results in having to remove the entire pancreas. Jobs underwent a procedure similar to the Whipple operation after he was diagnosed with a rare type of pancreatic cancer in 2004. It should be noted, though, that Thomas is not Jobs’ doctor, and doesn’t know the details of his condition.

Shares of Apple Inc. (AAPL) fell for the third day in a row today, which may possibly reflect shareholder concerns about the shift in its iPhone strategy, although some analysts continue to think that the company will thrive. Behind the excitement of Steve Jobs’ announcement on Monday of the new iPhones 3G was news that more »